Friday, March 6, 2015
1012 C Street Floresville, TX 78114 Phone: 830-216-4519 Fax: 830-393-3219
TDA market recap, Jan. 4
AUSTIN -- For the week ending Jan. 4, Texas feeder cattle auction prices were not available as all reporting locations remained closed for the holidays. Texas direct feeder cattle prices were steady. Market fundamentals remain bullish as tight supplies, record high fed cattle prices and grain prices were much lower than they were at this time last year and continue to support feeder prices. Fed cattle cash prices were up $3 from the previous week to a new record high of $136.52 per hundredweight (cwt). Wholesale beef values were higher. Beef exports totaled only 2,500 metric tons, down 48 percent from the prior four-week average. . . .
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